Crypto News
Future of Decentralized Intelligence The Lightchain AI Virtual Machine (AIVM) Inference
This content is provided by a sponsor. Imagine a world where artificial intelligence is not confined to large, centralized corporations but is instead powered by a community-driven, decentralised network. Welcome to the Lightchain AI Inference Demo — a glimpse into this transformative future. The latest internal demonstration video showcases the real-time capabilities of Lightchain AI,Source link
DEA, FBI Have Seized $10 Million in Crypto From Mexican Drug Cartel Sinaloa This Year
A quarterly report from the DOJ reveals Mexican Sinaloa cartel was raided in 2025 and agents seized $10 million in crypto in Miami, Florida.Source link
DeFi in Q2 Review: The New Gold Rush Is… Stablecoins?
Everyone's rushing into stablecoins, but the numbers look... the same.In Q2, it felt like you couldn’t go a day without a major stablecoin announcement. JPMorgan launched its USD Deposit Token on Base. Coinbase debuted its stablecoin payment stack following the Shopify partnership. Anchorage Digital acquired USDM issuer Mountain Protocol. Ubyx raised $10 million for stablecoin clearing infrastructure. Bitcoin-based Plasma filled its $1 billion deposit cap in 30 minutes. All within weeks of each other.But despite all this activity, stablecoins remain a brutally concentrated, “winner takes most” market. Of the roughly $250 billion in circulating stablecoin supply, Tether claims $158 billion (2.5x Circle's $62 billion), while USDC dwarfs the third-largest dollar-pegged asset, USDe ($5.3 billion), by 11x.While yield-bearing stablecoins and tokenized...
Bank of England Governor Doubts the UK Needs a ‘Britcoin’ CBDC
BoE Governor Bailey casts doubt on digital pound necessity, warns against stablecoins undermining fiat currencies.Source link
Arbitrum’s ARB Surges After Appearing Among Supported Chains for PayPal’s $850M PYUSD Stablecoin
Ethereum scaling network Arbitrum's token ARB is gaining on Thursday as speculation swirled that the network could be next where PayPal's U.S. dollar stablecoin PYUSD will be deployed. The network was recently added to PayPal's cryptocurrency terms and conditions webpage as a supported chain for PYUSD, alongside Ethereum and Solana SOL where the token is already live."PYUSD is issued by Paxos, not PayPal, on each of the Ethereum, Solana, and Arbitrum cryptocurrency networks," the page reads.ARB was up 7.7% over the past 24 hours, outpacing bitcoin's BTC and ETH's gains during the same period.CoinDesk asked PayPal and Paxos representatives for comment. Notably, the Stellar XLM blockchain, which PayPal announced last month to be added for PYUSD, was not mentioned in...